摩根士丹利美股招股说明书(2026-02-02版)

Pricing Supplement No. 13,473Registration Statement Nos. 333-275587; 333-275587-01Dated January 29, 2026Filed pursuant to Rule 424(b)(2) Morgan Stanley Finance LLC STRUCTURED INVESTMENTS Downside Principal at Risk Securities Linked to the Lowest Performing of the EURO STOXX 50®and the Nasdaq-100®Technology Sector IndexSMdue February 1, 2030 Fully and Unconditionally Guaranteed by Morgan Stanley ￭Linked to the lowest performing of the EURO STOXX 50®Index, the S&P MidCap 400®Index and the Nasdaq-100®Technology Sector IndexSM(each referred to as an “underlying”)￭The securities are unsecured obligations of Morgan Stanley Finance LLC (“MSFL”) and are fully and unconditionally guaranteed by Morgan Stanley. Unlike ordinary debt securities,the securities do not guarantee the payment of interest, do not guarantee the repayment of principal and are subject to potential automatic call prior to the maturity date upon theterms described below. The securities have the terms described in the accompanying product supplement for principal at risk securities, index supplement and prospectus, as lowest performing underlying on the calculation day for that quarter is greater than or equal to its coupon threshold level. However, if the closing level of the lowest performingunderlying on a calculation day is less than its coupon threshold level, you will not receive any contingent coupon for the relevant quarter. If the closing level of the lowest performingunderlying is less than its coupon threshold level on every calculation day, you will not receive any contingent coupons throughout the entire term of the securities. The coupon ￭Because all payments on the securities are based on the lowest performing underlying, a decline beyond the respective coupon threshold level or respective downside thresholdlevel of any underlying will result in no contingent coupon payments or a significant loss of your investment, as applicable, even if the other underlyings have appreciated or have notdeclined as much. ￭The securities are for investors who are willing to risk their principal based on the lowest performing of three underlyings and who seek an opportunity to earn interest at a potentiallyabove-market rate in exchange for the risk of receiving no contingent coupon payments over the entire term of the securities. ￭The securities are notes issued as part of MSFL’s Series A Global Medium-Term Notes program ￭All payments are subject to our credit risk. If we default on our obligations, you could lose some or all of your investment￭These securities are not secured obligations and you will not have any security interest in, or otherwise have any access to, any securities included in any of theunderlyings. The current estimated value of the securities is $960.60 per security. The estimated value of the securities is determined using our own pricing and valuation models, market inputs andassumptions relating to the underlyings, instruments based on the underlyings, volatility and other factors including current and expected interest rates, as well as an interest rate relatedto our secondary market credit spread, which is the implied interest rate at which our conventional fixed rate debt trades in the secondary market. See “Estimated Value of the The securities have complex features and investing in the securities involves risks not associated with an investment in ordinary debtsecurities. See “Risk Factors” beginning on page 12. All payments on the securities are subject to our credit risk. The Securities and Exchange Commission and state securities regulators have not approved or disapproved these securities, or determined if this document or the accompanying productsupplement, index supplement and prospectus is truthful or complete. Any representation to the contrary is a criminal offense.The securities are not deposits or savings accounts and are not insured by the Federal Deposit Insurance Corporation or any other governmental agency or instrumentality, nor are they You should read this document together with the related product supplement for principal at risk securities, index supplement and prospectus, each of which can be accessed via thehyperlinks below. When you read the accompanying product supplement and index supplement, please note that all references in such supplements to the prospectus dated November 16,2023, or to any sections therein, should refer instead to the accompanying prospectus dated April 12, 2024 or to the corresponding sections of such prospectus, as applicable. Please alsosee “Additional Information About the Securities” at the end of this document. Morgan Stanley Finance LLC Principal at Risk Securities Linked to the Lowest Performing of the EURO STOXX 50®Index, the S&P MidCap 400®Index and the Nasdaq-100®Technology Sector IndexSMdue February 1, 2030 Morgan Stanley Finance LLC Market Linked Securities—Auto-Callable with Contingent Coupon and Contingent DownsidePrincipal at Risk Securities L